Federato Technologies has developed an AI-native platform that automates the insurance policy lifecycle from submission intake through renewal. Rather than layering artificial intelligence onto legacy systems, the company has built its infrastructure around agentic AI from the ground up, with particular emphasis on explainability - a critical requirement when underwriters must defend coverage decisions.
The platform consolidates workflows across submission triage, underwriting, quoting, binding, and renewal. Using agentic AI, it generates fully explained, strategy-aligned quotes for underwriter review in minutes, reducing the systems required by 90% and accelerating time-to-quote by 89%. The company reports that customers experience a threefold increase in quotes that fall within their appetite parameters, directly supporting more profitable risk selection and faster decision-making.
Founded in 2020 and headquartered in San Francisco, Federato has raised over $180 million, including a $100 million Series D led by Goldman Sachs. The funding underscores confidence in the company's technical approach and its relevance to large insurance carriers seeking genuine transformation rather than incremental improvements to existing infrastructure.
